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Bitmexsignals

Short-term possible target 3.6k levels mid-term 4.7kThe Analysis : Right now we are witnessing BTC doing again the double correction structure waves WXY. This correction is healthy. Many TA guys and other financial analysts in the crypto space are really scared of the current moves. Their point of view is that if BTC breaks the 3800 area, we are likely to see a new bottom. It is possible and I am not saying this a completely impossible scenario. But in this case the whole Elliot Waves structure would need to be changed. Our play : Previously we accumulated BTC with a leverage going between x5 to x10. We put our orders starting from mid January by laddering them between the 3250 and 3450. Most of them having been concentrated around the 3350 area. We closed half our positions when we touched 4180 on BITMEX. Now, we are gonna accumulate again with the continuity of our previous investment idea. The accumulation points start at 3650 and go all the way down to 3500. If we break 3420 then we are likely to loose the uptrend momentum so we need to watch out and put our stop losses below this level. We recommend a x5 leverage on this investment idea and we are looking forward to some good profits as we are holding a mid-long term position. The chart above reflects this analysis and you can of course follow me and like this chart, you can also leave your questions in the comments and share this idea with fellow crypto-investors ! I will post another update as soon as we have more data and confirmation of the next moves.
BITMEX:BTCUSD.PShort
by HiddenTreasureHT
MId to Long Term Outlook #BTCSo on what i see happining in the next few months (ETF Pending) is that we should see a break down of this triangle which should lead to next month taking us to new lows for the year most likely our first stop will be around the $5000 to $5500 mark. which is around the 30 month moving avg. we should play around there for a month or so before we test a even lower low around $3300 area also were the 50 Month moving avg. is. Now i belive this will be a vary fast move in which we may began a new bull market. when this starts i expect it to be a slow rise for a year or so before we see another big bubble. Please comment below With thoughts Thanks..
BNC:BLXShort
by Primo_CEO
3
ETH LONG PARTY COULD BE WIPED OUTETH INTRA-DAY BREAKDOWN - 21/03/19 ** IN REDACTED FORM ** What has occurred since our last INTRA-DAY BREAKDOWN FOR ETH ? OUR LAST BREAKDOWN ENDED WITH THE FOLLOWING CONCLUSIONS : To conclude: 1. Expect bearish activity to continue on the whole and price is restricted to the upside to a maximum price of 122$. Even more so in real time, we can constrict this even further to 118-120$. 2. Following a rejection from these levels, then our targets to the downside for support lay at 111$, 107$ and 103$. 3. A break of final support at 103$ will signal to us a drop to 80$ support once again but we must realise that 103$ support is very strong and a break of this level is least likely. 4. Confirmation prices for SHORTS - 115$ IN THE SCENARIO OF A STRAIGHT DROP AND 118$ IN THE SCENARIO OF A REJECTION FROM 120-122$ RESISTANCE ZONES. REVIEW: 1. Bearish activity was continued and price restrictions to the upside of 122$ were maintained. 2. Following the rejection from 122$, we saw ETH price drop to our targets of 111$,107$, and 103$. 3. Final break of support at 103$ was not achieved. As stated in the conclusion it will be the most difficult to break through 103$ price floor. 4. CONFIRMATION PRICE OF 118$ WAS USED AND WORKED EXACTLY IN ACCORDANCE WITH A REJECTION FROM 120-122$ SELL WALL! We will do the top down style analysis that you should have become accustomed to by now to look at possible price direction. WHAT CAN WE SEE ON THE DAILY CHART FOR ETH ? - At the minute, price is currently at 139$ and we have experienced a rejection from resistance trend line. We can see that EMA 200 is currently at 190$ and this should be set as an EXTREME upper boundary for price. In retrospect, you will find that extreme ceilings for price are in reality maxed out at 175$. Therefore, you can’t help but think that price will probably experience some sideway and downward movement until EMA at least reaches this 175$ mark. Looking at our MA’s we can see that they are currently being used for support, and a price break below 133$ will be a solid final confirmation for price heading towards the lower end of the wedge and the supporting end of this structure at approximately 125$. In reality, as you will see in the remainder of this breakdown, a break below 136$ will in fact be the first confirmation in the bearish direction to the supporting end of the triangular formation at 125$. Moreover, we can also see on our price chart, that the daily candle is currently very bearish after a doji reversal candle on the daily chart. Lastly, we can see that a break of formation at 125$ will lead to a drop firstly to 103$ support and after that is broken, 80$ but if we measure the height of the formation, after break it leads to a final price of support at 42$ and this is if we break to the downside. Its also important to note that a break to the upside will take us to price levels above 190$, and will indicate a break of EMA 200 on the daily and thus for this matter that is unrealistic. - Looking at our momentum indicators such as RSI, we can see that after a rejection from the 60 level on RSI, we look like we are heading towards at least 40 level or 28 level support on RSI ; it is also positive to note that this resistance point at 60 level has historically held. Looking at RSI/ROC we can see that we have experienced a rejection from the 50 level on this indicator and tendency to go from here to the 39 level is high. WHAT CAN WE SEE ON THE 4 HOURLY CHART FOR ETH ? - We can see that following a rejection we are attempting to break MA’s support at current price and in real time, we have probably broken it on the 4 hourly chart. We can see that EMA resistance on the 4 hourly lays at 136$ and a break of this will be first indication/confirmation of shorts to 125$ firstly. Thereafter, 133$ is our final confirmation price for shorts after a break of 133$ price floor. MA’s have been completely demolished through! - Once we look at Momentum indicators, we can see that we are desperately trying to use 28 level on RSI as support but we can also see that there needs to be a trickledown effect on all timeframes if this bearish activity is to hold to our set levels. On the daily, to the downside support is found at 28 or 40 level and therefore, indicating that 4 hourly RSI needs to and can drop below 28 level support. Looking at the RSI/ROC indicator, we can see that there is tendency for us to head back to 39 level support on RSI/ROC. WHAT CAN WE SEE ON THE 1 HOURLY CHART FOR ETH ? - Again, we can see bearish price action on the price chart leading us to see multiple bearish candles from highs of 142$ and a rejection from this level has led us to break neckline of price range formation at 138$. Looking closely at the hourly supporting trend line, we can see that even 122$ is a target for supporting trend line and a break of 122$ will be final confirmation price on the bearish side to 103$ - given that the wicked 118$ support doesn’t hold as it always does. In order for us to see real bearish activity, 140$ ceiling must hold with previous supports turning into resistances. - Furthermore, looking at our momentum indicators on the hourly, as expected with the trickledown effect on momentum indicators, we have broken 28 level RSI on the hourly and next will be the 4 hourly before the daily heads there for support. On our RSI/ROC indicator we can see that the hourly is looking to break through 39 level support on this indicator and a break through this level will lead to 4 hourly heading down to 39 level following the trickledown effect on momentum indicators and us finding our way to supporting trend line and a break of 133$ final bearish indication/confirmation price. TO CONCLUDE: 1. After a break of 133$, we can expect a retracement up to 125$ and thereafter to 122$. Second confirmation price at 135$ break to the downside. 2. Break below 125-122$ support range will lead to price action being able to fall as low as 42$ but realistically 103$ and 122$ are solid supports. 3. To the upside, a break above 145$ will lead us to upside targets of 155$ and 165$ respectively. These are caps for bullish activity in any given scenario with the most extreme cap in bullish behaviour at 175$. 4. Our final buy zones of 40$ and major support at 80$ still hold. ** PLEASE NOTE THAT THIS ANALYSIS IS IN A REDACTED FORM, AND FULL FORM FOR EDUCATIONAL PURPOSES CAN ONLY BE SEEN BY PAYING PRIORITY MEMBERS - IF YOU WANT TO LEARN HOW I DO THIS TRANSPARENTLY MESSAGE ME** PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
BITFINEX:ETHUSD
by UnknownUnicorn1824771
BITCOIN TRYING TO TEST HIGHS OF 4720$ AND 5111$!BTC INTRA-DAY BREAKDOWN - 20/03/19 (REDACTED BTC BREAK DOWN FROM PRIORITY - OUR PREMIUM SERVICE) We will do the top down style analysis that you should have become accustomed to by now to look at possible price direction. WHAT CAN BE SEEN ON THE DAILY CHART FOR XBT ? - Well, in the daily chart, which is more zoomed out, we can see our fan structure, which has dictated demand and supply zones for most of 2018 and 2019 thus far. We can see that we have officially broken the biggest resistance line to date in red. Moreover, with the lows at 3200$ thus far on BITFINEX, and 3060$ on Bitmex, we have tried the first trend line of support at these levels - well, just nearly as we meet this support trend line at 3060$ on BITFINEX. We can also see we are near the bottom now and the retest of EMA resistance on the daily at 4720$ can not be ruled out in order to create a false breakout and a little bit more FOMO as we approach the bottom. IF BTC on Bitfinex rises to highs of 4720$ then we can also expect XBT to test highs of 4500$! The actual bottom in reality is more closer to 2050-2200$ and as you can see on our zoomed out picture in order for you Guys to gain the bigger picture. Therefore, in any situation, there is still some downward activity to make up for but on an intra-day basis we could see some upward relief to highs of/and capped to 4720$ due to EMA resistance laying at this price. - On our daily candlestick chart, we can see that we have approached our first ceiling at 4120$ and we have consistently seen a rejection from this level for the past 5 days. We can also see on our candlestick chart that bullish pressure has been declining and that the candlesticks created are either becoming bearish or very weak bullish candlesticks. None the less, its important to point out thus far we have successfully been creating higher lows every time. We can also see the EMA resistance at just 4720$ and the downtrend line, at just below 5111$ - THESE TWO PRICE LIMITS ARE ABSOLUTE EXTREME CASE BEARISH CEILINGS and will not come into play unless we see drastic bullish behaviour. Therefor, for you guys, you should be really seeing these price targets as extreme case bullish targets. Lastly, its important to note that MA’s are still being used as supports and that unless they break 3900$ to the downside and disrupt higher low formation completely, this may remain the same - but, a break of 3900$ MA support would also be the second validation for shorting this to 3480$ and 3650$ MAJOR SUPPORT ZONES. WHAT CAN WE SEE ON OUR 4 HOURLY CHART FOR BTC ? - On our 4 hourly price chart, we can see that we have successfully made higher lows but bullish activity is being blocked by the resistance wall at 4121$. We can also see that a break of 4080$ will signal to us a journey to our first support level in line with EMA support on the 4 hourly at 3960$ and would also implicate the negation of MA support and it would instead start to act as a resistance. This would mean that on MEX we would test support at 3850-70$ and even lows of 3800$. WHAT CAN WE SEE ON OUR 1 HOURLY CHART FOR BTC ? - On our 1 hourly chart for BTC we can see again rejection from ceiling. MA’s are also starting to do a bearish crossover. We can also see that EMA support currently lays at 4050$. We can see that price has been stagnant for quite sometime and that higher low formation may be broken soon. TO CONCLUDE: 1. BULLISH PRICE ACTION ON BITFINEX IS CAPPED TO 4720$ AND 5111$ RESPECTIVELY - both of these targets and resistance points are extreme bullish case scenarios and will first be indicated by a break of 4121$ resistance and also finally 4223$ resistance on BITFINEX. We expect bitmex price to also make highs between 4380-4500$ and 4900$ in these two respective scenarios - our bullish confirmation prices for FINEX are at 4125$ and 4225$ respectively, one being conservative (the latter). 2. NONE THE LESS, UNLESS WE BREAK 4121$, BEARISH PRICE ACTION STILL IS HOLDING PRECEDENCE. This will first be indicated by the break of higher low formation and a break below 4080$. Thereafter, a break below EMA support on the hourly at 4050$ and on the 4 hourly at 3960$. This would place XBT testing 3870-50$ trend line support. 3. A break of 3960$ will indicate a break of all bullish structure and therefore, we would be heading for 3480$ and 3650$ respectively - therefore this is our bearish confirmation price for fines. PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
BITFINEX:BTCUSD
by UnknownUnicorn1824771
XBT BULLISH FOMO IS JUST A FACADE REDACTED XBT INTRA-DAY BREAKDOWN - 14/03/19 WHAT HAS OCCURRED SINCE OUR LAST XBT (BITMEX) INTRA-DAY BREAKDOWN ? Our previous analysis of XBT ON THE 24TH OF FEBRUARY ENDED WITH THE FOLLOWING CONCLUSIONS: TO SUM UP : 1. SHORT CALLS WERE GIVEN AT 4127$ IN REAL TIME ON OUR PRIORITY DISCUSSIONS. 2. THE TARGETS FOR THESE SHORTS WERE 3870$ AND 3700$ RESPECTIVELY. 3. NOW, I ASSUME FURTHER BEARISH ACTIVITY UP AND UNTIL 3550$ FOR SUPPORT TO BE FOUND. 4. THIS IS IN LINE WITH BEARISH PREDICTIONS FOR BTC/USD TO SEE SUPPORT AT 3650-3700$. 5. A CONTINUED CALL FOR THE NEXT MOVE WILL BE GIVEN ON OUR PRIORITY CHANNEL IN REAL TIME AS BEST AS I CAN. 6. DO NOT RULE OUT THE ABILITY FOR XBT TO FIND SUPPORT AT EITHER 3610$ AND 3550$ TO ASCEND TOWARDS 3900$ ONCE AGAIN THEREAFTER. REVIEW : 1. AFTER SHORT CALLS WERE GIVEN AT 4127$ IN REAL TIME ON OUR PRIORITY DISCUSSION AND ALSO OUR PRIORITY CHANNEL. 2. OUR FIRST TARGETS OF 3870$ AND 3700$ RESPECTIVELY WERE ACHIEVED. 3. THEN WE FORECASTED THAT WE WOULD SEE FURTHER BEARISH ACTIVITY TOWARDS 3610$ AT THE MINIMUM. 4. OUR SECOND BEARISH TARGET WAS 3550$ BUT WE ARE YET TO ACHIEVE THAT. 5. I INFORMED PRIORITY MEMBERS TO CLOSE THEIR SHORTS AT 3610$. We will do the top down style analysis that you should have become accustomed to by now to look at possible price direction. TO CONCLUDE: 1. WE FEEL THAT PRICE REJECTION WILL OCCUR. 2. 3750$ IS THE MAIN PRICE FLOOR AT THE MINUTE AND IN ORDER TO BREAK MAJOR SUPPORTING TREND LINE, THIS LEVEL NEEDS TO BE BROKEN. 3. BREAK OF 3800$ WILL BE THE FIRST SIGN OF SHORTS BEING VALIDATED AND WILL MEAN INVALIDATION OF SHORT TERM WEDGE BUT NOT A BREAK OF MAJOR SUPPORTING TREND LINE. 4. THEREAFTER, SHORT TARGETS ARE TO 3610$ FIRSTLY AS THIS IS THE FIRST ZONE OF MAJOR RESISTANCE AND A BREAK OF THIS ZONE WILL LEAD TO 3427$ SUPPORT BEING ACHIEVED. 5. THE LAST POSSIBLE SUPPORT ZONE FOR THIS MOVE BEING INTERVENED BY THE BULLS IS AT 3550$ WHERE HISTORICALLY BULLS PICK UP PRICE ACTION. 6. FINALLY, DO NOT FOMO, 4050-4100$ IS THE MAXIMUM UPSIDE POTENTIAL IN ANY GIVEN SITUATION AND THIS WILL ONLY BE VALIDATED BY A BREAK OF 3920$ AT THE TIME OF WRITING. ** PLEASE NOTE THAT THIS ANALYSIS IS IN A REDACTED FORM, AND FULL FORM FOR EDUCATIONAL PURPOSES CAN ONLY BE SEEN BY PAYING PRIORITY MEMBERS ** PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
BITMEX:BTCUSD.P
by UnknownUnicorn1824771
$BTC #Bitcoin "what happened last night?" - Day Trader ExplainsHello Lads and Ladies, Welcome back to a TJ TA Session. Lets take a look at XBT for today's update. We saw yesterday a nice rejection at the upper bands, breaking the little uptrend that we have had. This rejection went exactly into our expected 3.6k region. Nevertheless, we closed on the trend as if nothing would have happened. This lets me to believe that we will see another leg down towards the same region. 3640 is a nice point and target to reach, yet not a very significant support level. >We are in a small symmetrical channel with the same angle of descending. >We are still very near the upper bands and need at least a nice close at 3728 and there have a "close double bottom". This is all just a chance and possibility, which is why we need to cap our idea with a stop. Here the easiest point would be at 3888, if we significantly break this point, it would break our idea of continuing downwards and we would return into a nice long position. Moreover, a possible pump after such a "weak retrace" would most likely just provide a nice shorting opportunity. Yet, if we come down naturally and in a healthy manor, we can get ready for the next big and significant move upwards. With this we are still expecting a small pump or small reaction upwards, yet not breaking the key levels of invalidation for us. This trade has been published before in my private learning group "ETG". We are going over many observations and possible trades very frequently. It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading. Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested. Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. Cheers TJ
BITMEX:BTCUSD.PShort
by KongTrading
XRP NEWS MAKES NO DIFFERENCE, TA HOLDSREDACTED XRP INTRA-DAY BREAKDOWN XRP INTRA-DAY BREAKDOWN - 26/03/19 We will do the top down style analysis that you should have become accustomed to By now to look at possible price direction. WHAT CAN WE SEE ON THE DAILY CHART FOR XRP ? - Well, first off, we can see on our candlestick price chart that we have been creating higher lows since at least mid September, when we made lows at 0.25$. At this price we had given the call to go long to 0.52$. We have yet to make lows like this since and it is quite evident that the 0.28$ price floor has held up until now. We can see that at the same time, we have been creating lower highs for even longer since February 2018 and the black resistance trend line on our price chart has kept price firmly down. We can see that EMA resistance is currently at 0.39$ and thus this in line with the fact that we have trend line resistance from feb 2018 holding price down, we can come to conclude that it will be difficult for XRP to see highs above the 0.39$ level. Even more so, trend line resistance indicates that price is and should be kept below 0.35$. Coming from a fundamental perspective, we saw the long awaited news yesterday that XRP will be listen on Coinbase pro. Even more so, this was not enough to break above trend line resistance since feb 2018 and we saw rejection from 0.35$ and I stated to priority members not to FOMO into this position but to rather wait for my analysis - this is quite surprising given that people have waited a year for this news and all it took was the right resistance to shut them all up. As priority members, our main aim should be to gather and process credible information and not to act on our emotions. I can also add that if 0.35$ is broken and the trend line resistance from feb 2018 is broken, then it may not be difficult to break above EMA resistance as currently trend line resistance is stronger than EMA RESISTANCE. On many occasions we have seen price go above EMA resistance but stay below Trend line resistance. Looking at the bearish perspective, we can see that a break of 0.31$ will indicate a break of higher low formation and thus, only then can we see bearish confirmation to the 0.25$ price floor. ON THE WHOLE, OUR DOWNWARD TARGETS OR BUY ZONES FOR XRP ARE STILL FIRMLY GROUNDED AT 0.10-0.15$. - Looking at our momentum indicators, we can see that on RSI, we saw a rejection from resistance trend line on this indicator in line with resistance at 70 level RSI, which is a key resistance zone for RSI on XRP. Now, following this rejection, we failed to find support at the supporting trend line on this indicator at around 60 level RSI. Now, we can see in real time via our multi chart posted on priority for the daily chart that in fact we are seeing a rejection from the 60 level RSI and also a rejection from supporting trend line, which I suspect may now become a resistance trend line and we could definitely be making our way down to 29 level support on RSI. Again same with RSI/ROC showing bearish tendency at the minute on the daily time frame. WHAT CAN WE SEE ON THE 4 HOURLY CHART FOR XRP ? - Looking at our price chart, We can see the wicks to 0.35$ after the news and before the news was released, price saw support at 0.304$. This should indicate to us that we should fine tune our bearish confirmation price to 0.28$ and 0.25$ from 0.31$ to 0.304$ if we are to focus on the details. As stated above, a Break of these confirmation prices (0.31$ and 0.304$) will indicate a break of higher low formation and a break of supporting trend line and also the final straw of support indicated in our previous XRP analysis being 0.28$ has now been increased to 0.304$ and we can trade a lot more safely in the short direction now. On our price chart, we can also see EMA support being at 0.32$ and a break of EMA support will indicate downward bearish pressure to at least 0.311$ on the intra-day basis - please bare in mind the trickle down effect of Moving averages, if resistance is at 0.39$ EMA on daily and support EMA on 4 hourly is at 0.32$, if 0.32$ EMA support is broken through, then our EMA resistance on daily will also reduce - simple common sense. Moreover, we can see that MA was being used as support during the pump and is now on its final knees at 0.325$, thus a break of MA support will also be detrimental for bulls on XRP. - Looking at our momentum indicators such as RSI, We can see that we are still inside the range on RSI of support and resistance shown by the two blue lines on this indicator through our multi chart view of this analysis only available to priority members. 50 level on RSI is momentarily acting as support and if this level holds then what we stated on our daily section could come to light ; the idea that we could end up testing 0.335-0.34$ before a rejection takes place. In addition to this, this is in line with the fact that 0.32$ is now a price floor, and previously it was a price ceiling. Normal market theory teaches us that once ceilings are broken, they become floors temporarily at least. On our RSI/ROC indicator, we can see that support is being shown at the 47 level, which is an infamous level support level on XRP. Again going in line with the idea that we could test 0.335-0.34$ (still following lower high formation) before a rejection to 0.32$ and 0.31$ respectively with our bearish confirmation price at 0.304$. WHAT CAN WE SEE ON OUR 1 HOURLY CHART FOR XRP ? - On our price chart, we can see that MA is failing to be support. EMA stands at 0.32$ as stated above and a rejection below this level is likely. This is in line with previous price ceiling being 0.32$ and now currently this is our price floor. - Looking at our momentum indicators such as RSI, we can see that we have broken below supporting trend lines on RSI on the hourly and we could be making our way down to 29 level RSI for support in line with support being found at or above 0.311$ - our bearish confirmation price. On our RSI/ROC indicator, we can see that 47 level historically acts as support and this is in line with EMA support at 0.32$ and also previous price ceiling becoming a price floor. Thus, if support is found at 47 level on hourly RSI, then you can expect an increase to 0.345-0.34$ before bearish activity resumes and/or be stuck in a range with tops at this level before bearish activity resumes. TO CONCLUDE: 1. BEARISH CONFIRMATION PRICE TO 0.28$ AND 0.25$ IS 0.304$. IF YOU ARE MORE RISK PRONE AND WANT TO TAKE ADVANTAGE EARLIER, YOU CAN ENTER ON A BREAK OF 0.311$ PRICE FLOOR. 2. 0.32$ IS CURRENT SUPPORT AND IF EMA IS USED AS SUPPORT AT THIS LEVEL, EXPECT MAXIMUM UPWARD ACTIVITY TO 0.335-0.34$ - a break above this level discredited Lower high formation. 3. There is a chance we could be stuck in a range between 0.32$ and 0.35$ before any break. 4. DONT FOMO, MAXIMUM UPWARD POTENTIALS ARE AT 0.35$ AND 0.39$. 5. FINAL BUY ZONES OF 0.15-0.10$ ARE STILL IN THE BOOKS! ** PLEASE NOTE THAT THIS ANALYSIS IS IN A REDACTED FORM, AND FULL FORM FOR EDUCATIONAL PURPOSES CAN ONLY BE SEEN BY PAYING PRIORITY MEMBERS ** PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
BITFINEX:XRPUSD
by UnknownUnicorn1824771
11 BILLION $ WIPE OUT PREDICTEDXBT INTRA-DAY BREAKDOWN - WEEK COMMENCING 25/02/19 **THIS ANALYSIS HAS BEEN MASSIVELY REDACTED TO TAKE OUT MOST EDUCATIONAL CONTENT ON HOW WE HAVE COME TO THESE CONCLUSIONS AND IS ONLY AVAILABLE TO PRIORITY MEMBERS** We will do the top down style analysis that you should have become accustomed to By now to look at possible price direction. WHAT CAN BE SEEN ON THE DAILY CHARTS FOR XBT ? - On the daily charts, looking at our price chart, we can see that EMA is currently at 4900$, and historically on the daily chart, EMA acts as resistance. We can see that MA’s have been used as support since the bullish cross over on the daily chart at the beginning of February. Moreover, looking strictly at the price chart alone, we can see that previously there have been two-three rejections from just below the 4200$ mark since December and price has been sustained below this level. However, it is positive to note that the lower high formation created and shown by the resistance trend line on price chart through all time frames has been demolished and instead we used the resistance trend line as support right before the breakout. In addition, the higher low formation since December has been sustained. The fact that the lower high formation has been discredited means that there is more chance now than ever to break above the 4200$ resistance level. ALL IN ALL, THE DAILY CHART IS SHOWING THAT BULLISH PRESSURE IS STILL THERE AND A SHORT SQUEEZE TO THE UPSIDE COULD STILL BE IN PLAY. BUT, WE ARE ALSO NEAR MAJOR RESISTANCE ZONES ON MOMENTUM INDICATORS AND WE SHOULD TAKE THIS IN TO ACCOUNT. I KNOW I STATED A SHORT SQUEEZE TO 4380$ IS ACCEPTABLE BUT IN REALITY THIS MAY BE UNLIKELY BECAUSE OF THE FACT THAT WE WOULD BE DISCREDITING ANY LOWER HIGH FORMATIONS. INSTEAD WHAT IS MORE POSSIBLE IS A RETEST OF 4250-280$ BEFORE ANY BEARISH PRESSURE PICKS UP AGAIN TO 3870$ AND THEN THEREAFTER TO 3700$ FOR SUPPORT. WHAT CAN BE SEEN ON THE 4 HOURLY CHARTS FOR XBT ? - Looking at our price chart, we can see that we are currently using 4110$ level as support but I suspect that we will break through this zone in order to retest the 3870$ support level, which we previously used as a strong supporting range. Moreover, we can see that EMA 200 is currently hovering right below 3694$ and thus we can expect that if 3870$ is broken, then we are heading towards the 3700$ support zone to use EMA 200 as support. Furthermore, we can see that EMA 200 is below price on 4 hourly but on daily it is still above price at 4900$. With our trickle down theory, we can assume that EMA 200 from 4900$ will continue to decrease until it is at 4380$. Moreover, looking at our price chart, if 3700$ support produced on the 4 hourly is broken and a strong 4 hourly candle closes anywhere near this level, then it is safe to assume that 3550$ will be the next major support and this will lay hand in hand with a retest of previous resistance trend line. WHAT CAN WE SEE ON THE HOURLY CHART FOR XBT ? (REAL TIME) - Looking at our price chart through candlestick formations, we can see that price is currently at 3780$ and EMA 200 support at 3870$ was broken. I signalled on the priority discussions in real time that if you had not shorted from the top, then the bearish confirmation price for a short to 3700$ as indicated by EMA support on the 4 hourly would be shown by a break of 3870$ for confirmation >> again evidence of the trickle down effect of confirmations that I continually speak about to priority members. At the minute, looking at our price chart, the last hourly candle was a huge bearish candle and MA’s were used as resistance. Theoretically speaking 3610$ was previous resistance on the 1 hourly chart and even more so the wick to 3700$ indicates that this is the first strong support. Therefore, if 3700$ is broken, which I think is very likely, then we are heading towards 3610$ for support as this was a previous ceiling and previous ceilings once broken become price floors. None the less, even more so we can see that 3550$ would be an even better target simply because of the fact that we would easily be able to retest previous resistance trend line on price chart to use as support. THUS, A LAST FRONTIER OF SUPPORT FOR BULLS COMES AT 3550$! TO SUM UP : 1. SHORT CALLS WERE GIVEN AT 4127$ IN REAL TIME ON OUR PRIORITY DISCUSSIONS. 2. THE TARGETS FOR THESE SHORTS WERE 3870$ AND 3700$ RESPECTIVELY. 3. NOW, I ASSUME FURTHER BEARISH ACTIVITY UP AND UNTIL 3550$ FOR SUPPORT TO BE FOUND. 4. THIS IS IN LINE WITH BEARISH PREDICTIONS FOR BTC/USD TO SEE SUPPORT AT 3650-3700$. 5. A CONTINUED CALL FOR THE NEXT MOVE WILL BE GIVEN ON OUR PRIORITY CHANNEL IN REAL TIME AS BEST AS I CAN. 6. DO NOT RULE OUT THE ABILITY FOR XBT TO FIND SUPPORT AT EITHER 3610$ AND 3550$ TO ASCEND TOWARDS 3900$ ONCE AGAIN THEREAFTER. ** PLEASE NOTE THAT THIS ANALYSIS IS IN A REDACTED FORM, AND FULL FORM FOR EDUCATIONAL PURPOSES CAN ONLY BE SEEN BY PAYING PRIORITY MEMBERS ** PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
BITMEX:BTCUSD.P
by UnknownUnicorn1824771
BTC looks compelling, Alt Season 2019 is about to begin!Well we can see price has broken out from the symmetrical triangle and we are just waiting for the 4H candle close above to confirm the breakout. I have a fully bullish bias at the moment, strong bullish signals throughout the market! FirstClass Crypto VIP members went long at 3535 catching to low wicks and rode this all the way to the top of the triangle. To summarize on the past data we can see the bears could not get a 4H candle to close below the original 0.618, few wicks below but eaten right up, shortly after we can see a small break up from the bull flag / falling wedge but the bears jumped into combat and stopped this move short. Once price came back down, again tested the 0.618, held support and started to rise I knew we had this one in the bag. The fact BTC price has broken above this symmetrical triangle and will soon close the current 4H candle above is extremely bullish IMO. Not only is this recent move alarming but check out the Alt Coin Market Cap chart posted below.... looks to me Alt season 2019 is about to break out! Remember... you heard it from me first! Because the Altcoin Market Cap chart is not from Tradingview you will need to click the link below to view this chart. FirstClass Crypto Telegram ~ @FirstclassEra Discord ~ @FirstClassEra discord.gg
BITMEX:BTCUSD.PLong
by FirstClassCrypto
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